Other · DOL Form 5500 · 2023

Milken Institute Retirement Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
184
Participants Below avg headcount
77th
Percentile by assets National rank
$144,239
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Milken Institute 403(b) Plan · Sponsored by Milken Institute · California · Other Services

$27M in assets, 184 participants

Milken Institute's Milken Institute 403(b) Plan reported $27M in total assets and 184 participants in its 2023 DOL Form 5500 filing, ranking in the 77th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #6,948 in Other Services (7,857 peers)

Coverage in California

Milken Institute 403(b) Plan covers 184 participants in California, about 29% of the average California filer (state average ~630 per filing). Assets: $27M.

#6,948
in Other Services (7,857 peers)
+31.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Milken Institute 403(b) Plan's outsized position by total assets

Milken Institute 403(b) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$26,540,012 Top 23% higher than 77% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Milken Institute 403(b) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Milken Institute 403(b) Plan sits mid-pack in the medium band (184 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Milken Institute 403(b) Plan reported net income rose from -$2M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Milken Institute 403(b) Plan end-of-year assets rose from $20M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • Milken Institute 403(b) Plan reported participants fell from 200 in the plan year 2022 filing to 184 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 954240775 · Milken Institute PY 2023 · Other

Milken Institute 403(b) Plan · $27M · 184 · 77th

  • TYPE $27M
  • NET 184
  • BOOK 77th
  • VS-ST Other
  • BOY near North Carolina Wesleyan University Retirement Plan
  • SCH ind #6948

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Other Services retirement plans → · Plans in California →

Milken Institute 403(b) Plan in the asset neighbourhood

Ablelight, Inc. 403(b) Plan$27MMilken Institute 403(b) Plan$27MNorth Carolina Wesleyan University Retirement PlanNorth Carolina Wesleyan Univ…$27MCornish College of the Arts 403(b) PlanCornish College of the Arts …$27MAmerican Dental Education Association 403(b) Retirement Savings PlanAmerican Dental Education As…$26M
End-of-year total assets ($M) among Milken Institute 403(b) Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$27M
Net Income$6M
Employer EIN954240775
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Milken Institute)

Sponsor-wide plan assets over time

All Milken Institute plans reported in each filing year

Latest sponsor-wide plan assets
$55M 169.43662790243783% vs 2022
2024 filing year
$0M$20M$40M$60M 202220232024 $20.2M $54.5M ▲ +169.4%
Year Plans Participants Total Assets
2022 1 200 $20M
2023 1 184 $27M
2024 2 445 $55M

Nearby Other Plans in California

Peer Other plans, same state, same plan type, ranked by total assets.

Milken Institute 403(b) Plan vs. nearby Other plans in California, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -5051015 Total assets ($B) Participants Milken Institute 403(b) Plan, Total assets ($B): 0.026540012 · Participants: 184Milken Institute 403(b) PlanStanford Contributory Retirement Plan, Total assets ($B): 11.039978863 · Participants: 21674Stanford Contributory Retirement PlanSutter Health 403(b) Savings Plan, Total assets ($B): 6.533806707 · Participants: 50273Sutter Health 403(b) Savings PlanStanford Health Care Retirement Savings Plan, Total assets ($B): 5.761504142 · Participants: 22681Stanford Health Care Retirement Savings PlanCaltech Base Retirement Plan, Total assets ($B): 4.792181822 · Participants: 10682Caltech Base Retirement PlanUniversity of Southern California Tax-Deferred Annuity Plan, Total assets ($B): 4.277911652 · Participants: 21764University of Southern California Tax-Deferred Annuity Plan
Milken Institute 403(b) Plan vs. nearby Other plans in California, assets vs. participants
Compare Milken Institute 403(b) Plan side-by-side with 3 peers →

Milken Institute 403(b) Plan's out-of-state Other peers by assets and headcount

Outside California, the nearest Other by assets is North Carolina Wesleyan University Retirement Plan in NC ($27M); by covered participants it is 403(b) Retirement Plan of Pioneer Resources, Inc. in MI (184 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (184 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Milken Institute 403(b) Plan assets move in 2023? ▼
Milken Institute 403(b) Plan surged - up 31.1% during 2023, from $20M to $27M. Reported net income was $6M.
How have Milken Institute plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Milken Institute's sponsor-wide assets grew 169.4%, from $20M to $55M.
Where does Milken Institute 403(b) Plan rank by assets among Form 5500 filers? ▼
Milken Institute 403(b) Plan ranks in the 77th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Milken Institute 403(b) Plan? ▼
Among Other plans in other states, the closest by assets is North Carolina Wesleyan University Retirement Plan in NC ($27M, 143 participants).
Which Other plans cover a similar participant headcount to Milken Institute 403(b) Plan? ▼
Among Other plans in other states, the closest by covered participants is 403(b) Retirement Plan of Pioneer Resources, Inc. in MI (184 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 954240775.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.